Several Asian cities are prime for habitation, and Seoul is one of the best places for expats. Did you know that half of the population in South Korea lives in Seoul? That’s why Seoul or Hanyang is more than a capital city. So, what are the pros and cons of being an expat in Korea? Finance companies like Stratford Management Inc review expat life in Seoul to see the positive and negative sides of being an expat there.
Pros: Colorful Culture and High English-Speaking Demand
1. Holidays and Festivals
In South Korea, you’ll find all sorts of holidays and festivals every week. These seasonal festivals mean strict observance of holidays and all the offices are closed. Some of the typical Korean holidays include Chuseok (Korean Thanksgiving), Lunar New Year, Buddha’s Birthday, Independence Day, Children’s Day, Hangul Day, Memorial Day, and Christmas.
2. Enjoyable Expat Life
The expat life in Korea has a unique driving force and colorful experience, most notably along the Gangnam district. It’s a thrilling, fascinating, noisy, and bustling part of the country to live. Those expats who want to live away from the noise and pollution can set up homes in Gangbuk, from the North of the Han River. Companies like Stratford Management Inc review expat life and have found that the foreigner-friendly lifestyle in South Korea is relaxing to expats.
3. English Demand
Many expats can seek work as an English teacher with very high demand. Native English speakers can earn the right amount of money to sustain their daily needs and wants. If you’re an advanced English speaker, you can do specialized services that cater to professionals that need a higher English level.
Cons: Challenging Lifestyle
1. Real Estate Can Be Expensive
Renting a residential or commercial property in Seoul involves payment of a rental deposit or ‘key money’ plus rent. The government actively regulates house prices in Korea, which increased by 20 percent. The Korean government applied brakes to impose controls on increasing capital gains taxes and housing loans.
2. Challenging Job Hunting
The major global corporations in Korea are Samsung and Hyundai, but Seoul has stringent employment laws. Unlike more established commercial hubs, such as Singapore, Korean companies first consider Korean citizens for any position. If the vacant position cannot be handled by a Korean, that’s the only time that they find foreigners for the job.
3. Language Barrier
You’ll have some difficulty if you don’t know the primary Korean language. An expat who can speak Korean fluently beyond a conversational level can be an advantage because most employers want somebody who understands them. Nonetheless, there’s an increasing number of monolingual professionals such as engineering, IT, and computer programming, making Seoul a great second home to stay.
The Stratford Management Inc review expat life has seen a lot of potentials, especially in Seoul. If you’re someone who’s looking for a brand new adventure, you’ll love what South Korea has to offer for expats. It’s an unlikely haven for those that want to start fresh on foreign soil.